WDMA Criticizes Latest Tariffs on Mexican Products

Date: 3 June 2019
Source: www.wdma.com
www.wdma.com
WDMA issued the following statement regarding the announcement by President Trump that the Administration will levy tariffs starting at 5% on all goods imported from Mexico on June 10, 2019 if the U.S. and Mexico do not come to an agreement on immigration.

The Window and Door Manufacturers Association (WDMA) issued the following statement regarding the announcement by President Trump that the Administration will levy tariffs starting at 5% on all goods imported from Mexico on June 10, 2019 if the U.S. and Mexico do not come to an agreement on immigration. Similarly, the White House announced that the tariffs could increase to 10% on July 1, 15% on August 1, 20% on September 1, and to 25% on October 1.

“WDMA has serious concerns regarding the President’s announcement that the Administration will impose tariffs starting at 5% on all goods imported from Mexico on June 10,” said WDMA President & CEO Michael O’Brien. “Even more troubling, these proposed tariffs could increase to 25% on a permanent basis by October 1. Not only could these tariffs adversely affect WDMA members that rely on trade with Mexico, but this announcement could threaten ratification of the United States-Mexico-Canada Agreement (USMCA) which would significantly impact American manufacturers. We urge the Trump Administration to reconsider this sudden action and work with Mexico on an immigration solution which doesn’t affect residential and commercial construction markets.”

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